Home How to & Hacks Quick steps on How to Easily Link PayPal to M-pesa 2021

Quick steps on How to Easily Link PayPal to M-pesa 2021

Quick steps on How to Easily Link PayPal to M-pesa 2021

PayPal is an online money transfer platform that allows ease of transacting globally with reduced restrictions on currency differences. The platform accepts twenty-three currencies and allows users to make withdrawal and top-up transactions to other platforms of which Safaricom’s M-pesa is recognized.

The two companies in a partnership with TransferTo developed the M-pesa PayPal Service that allows for transactions between M-pesa and PayaPal. Users can now withdraw funds in their Paypal accounts to M-pesa and from top ups from M-pesa to PayPal.

To link a new online account to your M-pesa please follow the following steps:

  1. Create an account with PayPal giving the required information and following guidelines, if you do not have one.
  2. Sign in to your account and enter your registered M-pesa phone number.
  3. Read the terms and conditions to understand the terms of engagement and consent you would be giving and then accept.
  4. A confirmation code of four digits will be sent to the phone number provided to verify the connection of the two accounts online.
  5. You can then proceed to make deposits or withdrawals between your two accounts.

To link an existing PayPal account to your M-pesa account,

  1. Sign in to your browser inputting the email primarily connected to the online platform and sign in.
  2. Read the privacy policy and ascent to details outlined therein. Input your registered M-pesa phone number and read terms and conditions of use and accept.
  3. A confirmation code of four digits is automatically sent to the mobile number provided.
  4. Use the code online to initiate and complete account linking.

Read: How to Send Money Via M-Pesa to Uganda from Kenya

Once the linking is complete notified by email and text message, the user can send money to M-pesa from PayPal to M-pesa at a 3% withdrawal charge with amounts limited by M-pesa ranges. A 4% service charge is applied for funds sent from M-pesa to payPal with amounts limited by M-pesa ranges.

The service has proven to be resourceful for many Kenyans who get paid in other currencies via the platform to access their funds in Kenyan currency, all in a relatively short time span and on affordable rates.